The National Agency of Petroleum, Gas and Biofuels (ANPG) and Cabinda Gulf Oil Company Limited (CABGOC), a subsidiary of Chevron, announced the start of oil production at the Lifua-A project, forecast to produce 6,500 barrels/day.
The Lifua-A platform, in Block 0, is interconnected to the existing facilities in the Takula area and is expected to produce a total of 6,500 barrels of oil per day from the Vermelha and Likouala reservoirs.
According to the ANPG, in a statement to which Jornal de Angola had access, the development strategy for this oil field is in line with the premises of the agency and CABGOC to expand innovative solutions, with the use of existing facilities and services to reduce development and operating costs.
The Lifua field is located in Block 0, at a water depth of 70 meters and approximately 23 kilometers from the Angolan coast and the oil terminal in Malongo, Cabinda province.
The concessionaire refers that the development of the field is phased, with the Lifua-A fixed metal platform, model STS, recently installed, representing the initial phase of the three planned for the Lifua project.
Paulino Jerónimo, chairman of the Board of Directors of ANPG, quoted in the statement, considered the start of the project as a milestone that galvanizes his management to continue with the systematic work with investors in the sector.
The director general of Chevron’s Business Strategy Unit for Southern Africa, Billy Lacobie, says in the note that the first oil production in the Lifua-A project demonstrates CABGOC’s ability to successfully install new fields in Block 0 .
CABGOC, as operator, holds a 39.2 percent stake in Block 0, together with Sonangol EP (41 percent stake), Total Energies (10 percent stake) and Eni (10 percent stake). 9.8 percent).
